Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Hungary
Persons, Annual, Seasonally Adjusted
LFEM64MAHUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,419,125.00
Year-over-Year Change
19.25%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Persons, Annual, Seasonally Adjusted' series measures the total civilian labor force participation rate for men aged 64 and over in the United States. This metric is a key indicator of economic activity and workforce trends among older adults.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the percentage of men aged 64 and older who are actively working or seeking employment, after adjusting for seasonal variations. It provides important insights into labor force dynamics and retirement patterns within the older male population.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
Economists and policymakers monitor this trend to assess the labor market engagement and economic participation of older working Americans.
Key Facts
- The civilian labor force participation rate for men aged 64 and over was 19.4% in 2022.
- The participation rate for this group has declined from over 25% in the 1990s.
- Declining participation reflects increased retirement among older workers.
FAQs
Q: What does this economic trend measure?
A: This series measures the civilian labor force participation rate for men aged 64 and over in the United States, after adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into labor force dynamics and retirement patterns among older male workers, which is relevant for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the labor market engagement and economic participation of older working Americans.
Q: Are there update delays or limitations?
A: The data is updated annually and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM64MAHUA647S), retrieved from FRED.